💨 Abstract

Foreign investors have increased their holdings of Indian government bonds to over $35 billion, ahead of an anticipated interest rate cut by the Reserve Bank of India in April. Foreign inflows could further increase due to economic growth and trade headwinds, stable currency, and well-behaved inflation. The RBI is expected to cut its policy rate for the second time since February, leading to a drop in bond yields and potential capital gains.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖